Empower

Empower

4.0

(1 Review)

Stocks

Empower

Empower

4.0

Stocks

Empower is a financial services company dedicated to enabling financial freedom for individuals and organizations. Its offerings include investment, wealth management, and retirement solutions. Empower provides the Empower Personal Dashboard™, a free tool that offers a transparent and user-friendly overview of one's current financial status and future outlook.

Join 18M+ Users

Highlights

+3.38%

Asset Class Return30d

#24 Rank

In Stocks30d

avatars

Invest from

$100K

Overview

In 2022, Empower managed to achieve $62B in retirement plan sales, making it the second largest retirement plan provider in the U.S. Market Size/Growth.
 

With high returns using Empower’s own investment calculator, fees are moderately low at 0.08% for investments between $100,000-$200,000:Returns.
 

After earning 41 top ratings and accommodation from clients, the Colorado Public Employees Retirement Association selected the company to administer $5B in DC retirement plans.
 

Ever since its preliminary founding in 1891, Empower has been about financial freedom and ease of management of finances and investments: Mission with their dashboard that enables the client to oversee and control all of their assets and liabilities with a click of a button., e.g. Exposure to Asset Class.

Things to Know

  • You make money on

    Value + Dividends

  • Fees

    0.49%-0.89% on investments starting from $100,000

  • Min Investment

    $100,000

  • Payout frequency

    Quarterly

  • Term of investment

    Zero

  • Target Return

    Varied

  • Liquidity

    Easy

  • Open to

    All Investors

  • Mobile Application

    iOS, Android

Top Perks

  • Individual securities available.

  • Dedicated financial advisors.

  • Advanced tax optimization strategy.

See inside MoneyMade’s 6-figure multi-asset portfolio

6-Figures

12+ Assets

50+ Platforms

4yr+ Returns

How you make money

After the initial investment of $100,000, the aggregate of the investment account will trigger a qualified lead, making the lead eligible for commission payment such as an 8% return rate over a period of three years.

How Empower makes money

Empower makes its money using slightly above average management fees between 0.49%-0.89% depending on the investment amount and average investment expense ratios of 0.08%.

Is it safe?

Empower has gained worldwide recognition from entities like Investopedia, Plansponsor, and Financial Advisor.

  • Established

    2014

  • Country Available

    US Only

  • Assets Managed

    $16B

How You’re Taxed

Capital Gains

Capital Gains

Income Tax

Income Tax

Investors are subject to short-term capital gains when selling stocks owned for one year or less, which are taxed at ordinary income tax rates. Long-term capital gains are applicable when assets are owned for more than one year, with tax rates ranging from 0% to 20%, depending on your total taxable income.
 

Reviews

4.0
  • 5

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  • 4

    1

  • 3

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  • 2

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  • 1

    0

Reviews (1)
C

Charlie M

Has been flawless.